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Twin Cities loses another Perkins, this time in Minneapolis

A Perkins in Shakopee closed just last month.
Author:
Perkins

The Twin Cities has lost another Perkins Restaurant, with the chain's Minneapolis eatery shutting its doors.

The restaurant at 901 27th Ave. S. and Riverside has closed its doors as of Sunday, with KSTP reporting it's because of a "variety of reasons."

It's the second Perkins Restaurant reported to have closed in the Twin Cities in the past month, with the Perkins on 1st Avenue in Shakopee closing at the end of June when the franchisee chose not to renew their lease, per SWNewsMedia.

Perkins still has a major presence in the Twin Cities and the rest of Minnesota, with 62 restaurants across the state, more than two-dozen of which were in the metro area.

The chain itself is in trouble, with the Nation's Restaurant News reporting that the company – including sister brand Marie Callendar's – has put itself up for sale, and that a condition of the sale may be filing for bankruptcy.

Coincidentally, the majority owners of Tennessee-based Perkins are private investment funds managed by Minnesota's Wayzata Investment Partners LLC.

The Wayzata-based firm took control of the company in 2011, when it emerged from an earlier round of bankruptcy protection.

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